728 banner ad
220 banner ad

Category: Management

ATA Truck Tonnage Index Fell 5.6% in August

ATA Truck Tonnage Index Fell 5.6% in August

| September 23, 2020

Index 8.9% below August 2019 The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.6% in August after declining 1.4% in July. In August, the index equaled 107.5 (2015=100) compared with 113.9 in July. “The August softness suggests that freight is very uneven in the trucking industry,” said ATA Chief Economist Bob Costello. […]

Read More

Motorcoach Industry Asks Congress to Give Financial Assistance to Industries that Have Yet to be Helped

Motorcoach Industry Asks Congress to Give Financial Assistance to Industries that Have Yet to be Helped

| September 23, 2020

The motorcoach industry has been decimated since the country’s travel was taken over by the COVID-19 pandemic in early March The American Bus Association (ABA) – the industry leader advancing North American motorcoach travel and tourism – is asking Congress to help the transportation sectors that received no direct assistance through the CARES Act before […]

Read More

Nikola Board of Directors Announces Leadership Transition

Nikola Board of Directors Announces Leadership Transition

| September 22, 2020

Trevor Milton Steps Down as Executive Chairman; Stephen Girsky Appointed Chairman of the Board Nikola Corporation announced that Trevor Milton approached the Board of Directors and proposed to voluntarily step aside as Executive Chairman and from the Board. The Board accepted his proposal, and Stephen Girsky, former Vice Chairman of General Motors Co. and a […]

Read More

Barr-Nunn Transportation Extends Special Truck Driver Compensation Through 2020

Barr-Nunn Transportation Extends Special Truck Driver Compensation Through 2020

| September 21, 2020

Regional drivers have been receiving as much as 4 cents per mile extra on top of the base rate Barr-Nunn Transportation LLC, a 15 Year Certified Top Pay Carrier, announces special compensation for all mileage and shift-load paid truck drivers will continue through the remainder of 2020. Beginning in October and running through the end of December, […]

Read More

XL Fleet, a Commercial Vehicle Electrification  to List on NYSE Through Merger With Pivotal Investment Corporation II

XL Fleet, a Commercial Vehicle Electrification to List on NYSE Through Merger With Pivotal Investment Corporation II

| September 21, 2020

XL is a leading provider of electrified powertrain solutions for U.S. and Canadian commercial fleet vehicles built by Ford, Chevrolet, GMC, and Isuzu XL Fleet (“XL” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II (NYSE: PIC) (“Pivotal”), a publicly traded special purpose acquisition company, […]

Read More

FMCSA Announces New Commercial Driver Panel to Provide Feedback on Critical CMV Issues and Initiatives

FMCSA Announces New Commercial Driver Panel to Provide Feedback on Critical CMV Issues and Initiatives

| September 21, 2020

This new panel is comprised of 20 to 25 drivers from all sectors of the CMV industry The U.S. Department of Transportation’s Federal Motor Carrier Safety Administrator (FMCSA) will be launching a new panel to its Motor Carrier Safety Advisory Committee (MCSAC) comprised of commercial motor vehicle (CMV) drivers.  This new panel will provide direct […]

Read More